US exports take a hit from weakening demand in Europe, Asia
U.S. containerized cargo volumes in 2014 are projected to reach 12 million 20-foot-equivalent units, down 2 percent from 2013, according to JOC Group Economist Mario Moreno. The projected total for 2014 containerized exports barely exceeds the total of 11.9 million TEUs recorded in 2012 and 2011.
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